Business news from Ukraine

TURKISH COMPANY MULLING PLACEMENT OF BITUMEN PLANT IN WESTERN UKRAINE

The Turkish construction and investment company Beta Engineering is considering Lviv region for the placement of a bitumen plant, Head of Lviv Regional State Administration Maksym Kozytsky has said.
“Entrepreneurs have their own oil refineries and bitumen plants in Turkey and Iraq. In Ukraine, they would like to start their business, attracting investments as public-private partnership,” Kozytsky wrote on Facebook.
According to him, the parties agreed that the company will study the market and issue a request, and the Regional State Administration will offer land plots suitable for the implementation of the project.

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CONTINENTAL FARMERS GROUP OPENS POTATO STORAGE FACILITY IN WESTERN UKRAINE

Continental Farmers Group agricultural holding put into operation a potato storage facility in the village of Chukva (Lviv region), designed for simultaneous storage of up to 16,000 tonnes of potatoes, investments in the project amounted to UAH 111.4 million, according to the website of the group.
“After launching a new complex in the village of Chukva, our company has the ability to simultaneously store over 100,000 tonnes of potatoes and supply them to our customers throughout almost the entire year with the preservation of quality indicators,” Continental Farmers CEO Georg v. Nolcken said.
Construction work at the facility with a total area of over 6,000 square meters was conducted during 10 months. The storage is zoned into six chambers for bulk storage of potatoes with a total capacity of 2,650 tonnes each, its shelf life is about 10 months.
Continental Farmers Group said that the floor of the potato storage is equipped with forced air systems that evenly distribute ventilation around the entire perimeter of the building, this technology is used for the first time in Ukraine.
The agricultural holding indicated among its priorities the cultivation of potatoes: chips, seed and food varieties. The total area under potatoes in the current production season amounted to 1,800 hectares, its harvest is stored in warehouses in Ternopil and Lviv regions with a total capacity of 103,000 tonnes. The group also has its own starch plant.
Agroholding Mriya and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018.

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EARTHQUAKE WITH MAGNITUDE OF 2.9 OCCURRED IN WESTERN UKRAINE

An earthquake with a magnitude of 2.9 occurred in Lviv region on Sunday, January 10, the press service of the Main Center for Special Control of the State Space Agency of Ukraine reported.
So, on January 10, the Main Center for Special Control registered an earthquake with a magnitude (on the Richter scale) of 2.9 at 13:13.
It is noted that the source of the earthquake was located in Sambir district at a depth of 5 km. The vibrations did not pose a threat to the population; they could be felt by individuals inside the premises, especially on the upper floors.

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UKRENERGO BEGINS RECONSTRUCTION OF SUBSTATIONS IN WESTERN UKRAINE

National Energy Company Ukrenergo began reconstruction of six substations in the western region of the country׃ Ivano-Frankivsk, Bohorodchany, Rivne and Kovel with a voltage of 330 kV, as well as Kalush and Boryslav with a voltage of 220 kV for the funds of the International Bank for Reconstruction and Development (IBRD) with a total of EUR 60 million.
According to the press service of Ukrenergo, the implementation of this project will enable to increase the reliability of the region’s transmission system, reduce technological losses of electricity and operating costs, transfer substations to automated work with the possibility of remote control from the main dispatch center.
“The reconstruction of these substations is financed by the International Bank for Reconstruction and Development within the framework of the Second Power Transmission Project. It should be noted that this is an additional component of the project, the implementation of which became possible due to significant savings achieved during the international public bidding for the basic volume of the project,” Investment Director of Ukrenergo Oleh Pavlenko said.
Reconstruction of six substations provides, in particular, the complete replacement of 330-110 kV switchgears at all substations, the installation of an automated process control system (APCS) for remote monitoring and control of substation equipment, the construction of new premises for relay protection of equipment and general control points of a substation.
As part of the work, contracts were signed with three foreign companies: Chinese-based Xian Electric Engineering Co. Ltd, the Turkish consortium Balikesir Elektromekanik Sanayi Tesisleri A.S. and BEST Elektrik Taahhut Ve Ticaret A.S., as well as with the Kazakh ASPMK-519.
The work is being carried out within the framework of a comprehensive substation automation program, which provides for the reconstruction of all Ukrenergo substations with the introduction of automated process control systems.
The program is aimed at improving the reliability of the power transmission system, creating a technical base for introducing smart grid technology in backbone networks, ensuring the level of reliability and security of the network in accordance with the ENTSO-E requirements.
At the first stage, 57 substations will be reconstructed by 2025, which are formed into nine investment packages. Four more investment packages provide for the reconstruction of 38 substations.

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ABOUT 4,000 HOUSES FLOODED IN WESTERN UKRAINE

A total of 3,871 houses in 180 residential locations were flooded due to bad weather conditions in western Ukraine, cellars and household plots are still covered with water, roads, bridges and other infrastructure facilities were destroyed, eight residential locations in Prykarpattia are blacked out, the State Emergency Service of Ukraine has said. “The operations to clean-up the aftermath of rainfall floods continue in the territory of western regions (Ivano-Frankivsk, Chernivtsi, Lviv and Ternopil regions)… Three people were killed in the territory of Ivano-Frankivsk region,” it said on Saturday morning.
In the past 24 hours, the State Emergency Service rescued 46 people, evacuated three people and helped 183 people to cross the flooded areas, pumped 39,622 cubic meters of water, delivered 1,790 kilograms of food and 9,140 liters of drinking water to the local residents.
A total of 1,877 people and 455 units of equipment, including 613 employees of the State Emergency Service and 226 units of equipment (including two helicopters), were involved in the flood clean-up operations, the service said.

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